How Much Will Oprah Weigh In On Weight Watchers Q4 Report?

Loading...
Loading...

Weight Watchers International, Inc. WTW shares are trading lower by $0.03 at $15.33 in Thursday's session. The company will release its second earnings report since Oprah Winfrey became involved with the company.

The first report came within a month of the announcement of her stake and produced a beat of dime with slightly better revenues. The Street will be anxious to see if the positive momentum has continued into the recent quarter.

After a parabolic rally to $28.06, the issue drifted back down to the area $10 area, which coincided with the low following the day of Oprah's announcement. The rally has found major resistance at the $16 area. Along with today's being $15.95, the issue struggled with the $16 area when it came down off November high.

Market News and Data brought to you by Benzinga APIs
Posted In: TechnicalsIntraday UpdateMoversTrading Ideas
Benzinga simplifies the market for smarter investing

Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.

Join Now: Free!

Loading...